WASHINGTON--(BUSINESS WIRE)--A U.S. District Court jury in Kansas City, Kan., today awarded
plaintiffs in the urethane price-fixing class action against The Dow
Chemical Company $400,049,039, according to Cohen Milstein Sellers &
Toll PLLC. Under antitrust laws, the jury’s verdict in In Re Urethane
Antitrust Litigation is subject to trebling, to more than $1.2
billion.

“We are extremely pleased with the verdict. This is an excellent outcome
for the plaintiffs who were overcharged by Dow and other chemical
manufacturers”

“We are extremely pleased with the verdict. This is an excellent outcome
for the plaintiffs who were overcharged by Dow and other chemical
manufacturers,” said Kit Pierson of Cohen Milstein Sellers & Toll PLLC.

Cohen Milstein, along with Fine, Kaplan and Black, R.P.C.; Freedman Boyd
Hollander Goldberg Urias & Ward P.A.; and Kellogg, Huber, Hansen, Todd,
Evans & Figel, P.L.L.C, represent a class of direct purchasers of
chemicals used to manufacture polyurethanes. The plaintiffs complained
that they were overcharged by Dow and four other chemical companies as a
result of a nationwide price-fixing conspiracy that occurred from 1999
through 2003.

Three other chemical companies – Bayer, BASF, Huntsman International,
LLC – previously agreed to settle claims against them for approximately
$139 million. A fourth company, Lyondell Chemical Co., was under
bankruptcy protection and settled without paying damages.

Cohen Milstein and co-lead counsel Fine, Kaplan and Black had been
litigating the case in the U.S. District Court, District of Kansas since
2004. Lead trial counsel during the trial, which began on Jan. 23, were
Joe Goldberg of Freedman Boyd Hollander Goldberg Urias & Ward, and Mike
Guzman of Kellogg, Huber, Hansen, Todd, Evans & Figel, assisted by Kit
Pierson of Cohen Milstein and Donald Perelman and Roberta Liebenberg of
Fine, Kaplan and Black. Richard Koffman, Christopher Cormier, Sharon
Robertson, and Laura Alexander also served on the trial team from Cohen
Milstein. Gerard Dever, Matt Duncan, and Paul Costa also served on the
trial team for Fine, Kaplan, and Black.